#input tax credit
Log in to FollowLatest input tax credit updates, notifications, rulings, case laws, compliance requirements and expert analysis covering GST developments on TaxGuru.
Goods and Services Tax
Goods and Services Tax
No ITC to purchasing dealer in absence of proof of genuine transactions & physical movement of goods
Goods and Services Tax
Goods and Services Tax
Burden of proving that ITC claim is correct lies upon purchasing dealer claiming such ITC: SC
Goods and Services Tax
Goods and Services Tax
Onus on buyer to establish genuineness of purchase to claim ITC under VAT: SC
Goods and Services Tax
Goods and Services Tax
ITC Blocking: SCN issued in mechanical manner is without authority of law
Goods and Services Tax
Goods and Services Tax
Reversal of ITC under Rule 42 of CGST Rules
Goods and Services Tax
Goods and Services Tax
Reversal of Input Tax Credit of GST
Goods and Services Tax
Goods and Services Tax
Interest U/s. 73 & 74 attracted only on wrong availment & utilisation of such ITC
Goods and Services Tax
Goods and Services Tax
Circumstances which require ITC Reversal
Service Tax
Service Tax
ITC on GTA Services cannot be reversed in absence of specific provision
Goods and Services Tax
Goods and Services Tax
ITC not eligible even if preceding seller not discharged its GST liability
Goods and Services Tax
Goods and Services Tax
Assessee permitted to rectify its GSTR-1 for FY 17-18 & 18-19 to avail ITC benefits
Goods and Services Tax
Goods and Services Tax
Assessee directed to file representation for release of blocked funds w.r.t. alleged non-payment of GST and excess availment of ITC
Goods and Services Tax
Goods and Services Tax
ITC not available on vouchers received by Myntra: AAAR
Goods and Services Tax
Goods and Services Tax
Reversal of ITC in case of non-payment of tax by supplier & reavailment thereof (New Rule 37A)
Explore the latest input tax credit updates on TaxGuru, including statutory provisions, notifications, circulars, advance rulings, judicial decisions and compliance developments. This page brings together practical coverage of important GST issues, procedural requirements and emerging interpretations to help taxpayers, businesses and professionals track changes and understand their compliance and litigation implications.
